Unprecedented high-grading is now occurring in the US shale industry, amidst challenging industry conditions. This means production surprising to the upside in 2020-21 and disappointing during the recovery. Our 7-page note explores the causes and consequences of the whipsaw effect.
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Shale productivity: snakes and ladders?
Unprecedented high-grading is now occurring in the US shale industry, amidst challenging industry conditions. This means production surprising to the upside in 2020-21 and disappointing during the recovery. Our 7-page note explores the causes and consequences of the whipsaw effect.